Status

Delivery

Pricing

Address

4th St & Tingey St SE Washington, DC 20003

Location

The Bower is located 4th St SE & Tingey St SE Washington, DC 20003, between the Naval Sea Systems Command and Tingey Plaza in the Yards Park neighborhood of southeast Washington DC. The project is located across the street from the Harris Teeter grocery store and VIDA Fitness Center, fronting 4th Street and adjacent to the Navy Yard.

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The Bower Project Details

138 luxury condominiums

In addition to studio, one, two and three bedroom living spaces, The Bower offers two levels of underground parking, a penthouse lounge and approximately 13,ooo square feet of ground floor retail. Floor plans range from studios to penthouse units with terraces. The Bower is the Navy Yard’s first new condominium and robust sales for the project proves that the location is very appealing to buyers. Residential Navy Yard development began during the real estate boom of the late 1990’s through early 2000’s, then halted abruptly during the market downturn. In 2012, however, many projects were revised or renewed and the Navy Yard and Yards Park have undergone a rapid transformation over the past 5 years. Forest City’s 48-acre The Yards development plan includes over 3,375 apartments, 1.8M square feet of office space and 400,000 square feet of retail over the next 18 years. The Navy Yard is on track to be one of DC’s most densely populated neighborhoods. More than 15,00 residents are predicted to move into Capitol Riverfront neighborhoods by 2020. It is DC’s fastest-growing area. At full build-out, the Capitol Riverfront will deliver nearly 40 million square feet of residential, office space, hospitality and retail and four parks. This area is expected to continue its expansion and the probability is that more condominium projects will go under construction during the next decade. In addition to The Bower on the northern portion of Parcel O-1, Forest City Washington is building a double tower, 190-unit rental apartment building with approximately 6,000 square feet of ground floor retail at the southern portion of site. Water Street was extended eastward to connect with 5th Street, which was rebuilt. The Arris apartments, a 327 unit rental property on Parcel N is a mixed-use project that includes retail tenants Chloe restaurant, Philz Coffee, The Shilling Canning Company restaurant, Juice Laundry and Conte Bikes, among others.

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The Isaacs Team LLC reports on development activity in the District. This information is sourced from various development entities and public resources, and not all developments may be represented on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The Isaacs Team LLC does not represent the developers and developments in our reports unless specifically noted.

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